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CATEGORY

Telecoms

Econet says stock price doesn’t reflect reality, plans to escape ZSE’s ‘distortions’

HARARE - Econet Wireless Zimbabwe, the country’s largest telecommunications company, has said that its current valuation of about US$628 million on the Zimbabwe Stock Exchange (ZSE) significantly understates the true worth of its business and infrastructure assets.

Data demand drives Econet’s third quarter 69% revenue growth in Zimbabwe

HARARE - Econet Wireless Zimbabwe Limited has announced a 69% growth in revenue for the third quarter ended November 30, 2024, driven by a 42% increase in revenue from its mobile network operations and the acquisition of financial technology (FinTech) businesses.

Econet expands 5G network, adds 32 new base stations in Harare

The Zimbabwe Stock Exchange listed telecoms giant, Econet Wireless Zimbabwe Limited has bolstered its 5G network by deploying 32 new base stations in Harare, with plans to roll out an additional 120 sites.
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